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To: Boplicity who wrote (152)3/15/2000 6:06:00 PM
From: T L Comiskey  Read Replies (2) | Respond to of 13572
 
Greg...<market gone mad>..... The following was Borrowed fron the G+K Options Thread...Thx R-man

To: LONGonFIBER who wrote (5065)
From: RocketMan
Wednesday, Mar 15, 2000 5:45 PM ET
Reply # of 5082

I think that the DOW move is a headfake, and NAZ will re-assert
They just said on CNBS that they heard Fidelity is behind today's rotation. This is exactly what Fidelity did last year, at this same time, and absolutely killed
some leading tech stocks. The Naz rebounded quickly, then Fidelity went in for their second kill. It took a few months for the Naz to recover, but when it did it
left the Dow behind. Fidelity probably rotated back. If the same thing happens this year, look for a nice rebound over the next few days followed by another
big selloff and rotation.